Planet Green Holdings Stock Price To Sales

PLAG Stock  USD 2.62  0.03  1.13%   
Planet Green Holdings fundamentals help investors to digest information that contributes to Planet Green's financial success or failures. It also enables traders to predict the movement of Planet Stock. The fundamental analysis module provides a way to measure Planet Green's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Planet Green stock.
Last ReportedProjected for Next Year
Price To Sales Ratio 1.30  1.23 
The current Price To Sales Ratio is estimated to decrease to 1.23.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Planet Green Holdings Company Price To Sales Analysis

Planet Green's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.

P/S

 = 

MV Per Share

Revenue Per Share

More About Price To Sales | All Equity Analysis

Current Planet Green Price To Sales

    
  1.10 X  
Most of Planet Green's fundamental indicators, such as Price To Sales, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Planet Green Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Planet Price To Sales Driver Correlations

Understanding the fundamental principles of building solid financial models for Planet Green is extremely important. It helps to project a fair market value of Planet Stock properly, considering its historical fundamentals such as Price To Sales. Since Planet Green's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Planet Green's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Planet Green's interrelated accounts and indicators.
0.980.840.880.590.940.990.04-0.27-0.120.80.840.630.240.960.750.040.67-0.64-0.260.410.55-0.75-0.42
0.980.750.90.520.860.990.01-0.28-0.10.830.880.680.130.960.820.020.69-0.61-0.260.280.5-0.69-0.41
0.840.750.790.590.910.81-0.05-0.29-0.050.610.690.390.430.820.63-0.060.56-0.77-0.340.730.63-0.9-0.5
0.880.90.790.390.740.92-0.34-0.48-0.020.770.930.650.120.870.91-0.20.68-0.81-0.540.380.43-0.81-0.69
0.590.520.590.390.70.540.22-0.03-0.130.10.420.510.790.550.30.18-0.04-0.32-0.030.430.43-0.45-0.13
0.940.860.910.740.70.90.16-0.14-0.180.670.680.480.430.90.570.070.56-0.64-0.180.590.58-0.76-0.34
0.990.990.810.920.540.9-0.04-0.29-0.180.830.880.650.170.950.8-0.030.7-0.66-0.310.340.47-0.72-0.48
0.040.01-0.05-0.340.220.16-0.040.76-0.1-0.05-0.17-0.020.150.14-0.180.27-0.110.30.9-0.080.390.080.85
-0.27-0.28-0.29-0.48-0.03-0.14-0.290.76-0.28-0.2-0.3-0.18-0.02-0.13-0.270.12-0.220.350.82-0.290.050.290.8
-0.12-0.1-0.05-0.02-0.13-0.18-0.18-0.1-0.28-0.20.020.230.06-0.060.060.34-0.2-0.01-0.130.060.38-0.14-0.03
0.80.830.610.770.10.670.83-0.05-0.2-0.20.750.3-0.310.80.76-0.050.97-0.52-0.190.10.34-0.53-0.34
0.840.880.690.930.420.680.88-0.17-0.30.020.750.680.050.870.96-0.010.65-0.68-0.30.150.49-0.72-0.46
0.630.680.390.650.510.480.65-0.02-0.180.230.30.680.350.660.61-0.090.09-0.43-0.210.090.29-0.47-0.3
0.240.130.430.120.790.430.170.15-0.020.06-0.310.050.350.2-0.06-0.08-0.4-0.29-0.090.660.34-0.4-0.13
0.960.960.820.870.550.90.950.14-0.13-0.060.80.870.660.20.84-0.020.68-0.71-0.150.370.62-0.8-0.32
0.750.820.630.910.30.570.8-0.18-0.270.060.760.960.61-0.060.84-0.120.69-0.69-0.280.130.5-0.73-0.44
0.040.02-0.06-0.20.180.07-0.030.270.120.34-0.05-0.01-0.09-0.08-0.02-0.12-0.060.420.28-0.280.260.240.35
0.670.690.560.68-0.040.560.7-0.11-0.22-0.20.970.650.09-0.40.680.69-0.06-0.48-0.190.10.3-0.49-0.33
-0.64-0.61-0.77-0.81-0.32-0.64-0.660.30.35-0.01-0.52-0.68-0.43-0.29-0.71-0.690.42-0.480.51-0.61-0.360.860.63
-0.26-0.26-0.34-0.54-0.03-0.18-0.310.90.82-0.13-0.19-0.3-0.21-0.09-0.15-0.280.28-0.190.51-0.420.120.370.97
0.410.280.730.380.430.590.34-0.08-0.290.060.10.150.090.660.370.13-0.280.1-0.61-0.420.51-0.75-0.46
0.550.50.630.430.430.580.470.390.050.380.340.490.290.340.620.50.260.3-0.360.120.51-0.730.05
-0.75-0.69-0.9-0.81-0.45-0.76-0.720.080.29-0.14-0.53-0.72-0.47-0.4-0.8-0.730.24-0.490.860.37-0.75-0.730.5
-0.42-0.41-0.5-0.69-0.13-0.34-0.480.850.8-0.03-0.34-0.46-0.3-0.13-0.32-0.440.35-0.330.630.97-0.460.050.5
Click cells to compare fundamentals

Planet Price To Sales Historical Pattern

Today, most investors in Planet Green Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Planet Green's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's price to sales growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Planet Green price to sales as a starting point in their analysis.
   Planet Green Price To Sales   
       Timeline  
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Competition

Planet Price To Sales Ratio

Price To Sales Ratio

1.23

At this time, Planet Green's Price To Sales Ratio is most likely to drop in the upcoming years.
Based on the latest financial disclosure, Planet Green Holdings has a Price To Sales of 1.1035 times. This is 54.59% lower than that of the Food Products sector and 90.49% lower than that of the Consumer Staples industry. The price to sales for all United States stocks is 90.34% higher than that of the company.

Planet Price To Sales Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Planet Green's direct or indirect competition against its Price To Sales to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Planet Green could also be used in its relative valuation, which is a method of valuing Planet Green by comparing valuation metrics of similar companies.
Planet Green is currently under evaluation in price to sales category among its peers.

Planet Green Current Valuation Drivers

We derive many important indicators used in calculating different scores of Planet Green from analyzing Planet Green's financial statements. These drivers represent accounts that assess Planet Green's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Planet Green's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap18.9M22.6M25.3M36.9M35.2M33.5M
Enterprise Value12.0M19.2M31.8M40.7M38.6M36.7M

Planet Green ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Planet Green's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Planet Green's managers, analysts, and investors.
Environmental
Governance
Social

Planet Fundamentals

About Planet Green Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Planet Green Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Planet Green using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Planet Green Holdings based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Currently Active Assets on Macroaxis

When determining whether Planet Green Holdings is a strong investment it is important to analyze Planet Green's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Planet Green's future performance. For an informed investment choice regarding Planet Stock, refer to the following important reports:
Check out Planet Green Piotroski F Score and Planet Green Altman Z Score analysis.
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Is Packaged Foods & Meats space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Planet Green. If investors know Planet will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Planet Green listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.47)
Revenue Per Share
2.426
Quarterly Revenue Growth
(0.57)
Return On Assets
(0.12)
Return On Equity
(0.49)
The market value of Planet Green Holdings is measured differently than its book value, which is the value of Planet that is recorded on the company's balance sheet. Investors also form their own opinion of Planet Green's value that differs from its market value or its book value, called intrinsic value, which is Planet Green's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Planet Green's market value can be influenced by many factors that don't directly affect Planet Green's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Planet Green's value and its price as these two are different measures arrived at by different means. Investors typically determine if Planet Green is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Planet Green's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.